Based on preliminary estimates the nominal Gross Domestic Product (GDP) amounted 91 891.8 million GEL in 2024, up by 13.6% YoY, while the real growth of GDP increased by 9.4%, reads the report of GeoStat.

In 2024 GDP deflator percentage change equaled 3.8% YoY.

The largest shares of GDP by activity are held by Wholesale and retail trade; repair of motor vehicles and motorcycles (15.2%) and real estate activities (9.9%), followed by Manufacturing (9.3%), Construction (8.4%), Public administration and defence; compulsory social security (7.0%), Information and communication (6.4%), Agriculture, forestry and fishing (6.2%), Transportation and storage (5.9%), Financial and insurance activities (5.2%).
In 2024, real growth was registered in Information and communication (24.3%), Education (29.1%), Public administration and defence; compulsory social security (17.9%), Construction (14.2%), Wholesale and retail trade; repair of motor vehicles and motorcycles (6.7%) and Financial and insurance activities (14.9%).

A decrease in the real value-added was recorded in Electricity, gas, steam and air conditioning supply (-8.3%).